Mortgages Archives - Ratesheet.ca

Can Canada Win a Trade War with the United States?

Vikas Palan — Fri, 04 Apr 2025 19:24:39 +0000

Trade tensions between Canada and the United States are nothing new, but what happens if these tensions escalate into a full-scale trade war? With both economies deeply intertwined, the question is no longer who wins outright, but who can withstand the damage, adapt quickly, and emerge more resilient. 📊 Economic Size and Trade Dependence The […]

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Mortgage Renewal Process in Canada (2025) & How to Negotiate the Best Rates

Vikas Palan — Mon, 24 Feb 2025 16:46:48 +0000

Mortgage renewal in Canada is more competitive than ever in 2025. Learn how to negotiate the best mortgage renewal rates, compare lender offers, and maximize savings when renewing your mortgage.

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Canadian Banks Battle for Mortgage Renewals: How Lenders Are Fighting to Retain Borrowers in 2025

Vikas Palan — Mon, 24 Feb 2025 16:25:07 +0000

Canada’s mortgage renewal market is more competitive than ever, with banks aggressively fighting to retain borrowers. RBC has launched a high-tech renewal app, while other lenders are matching offers instantly. Here’s how homeowners can secure the best deal.

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Canadian Mortgage Arrears Surge as Homeowners Feel the Financial Squeeze

Vikas Palan — Tue, 11 Feb 2025 17:36:09 +0000

Canadian homeowners are feeling the pressure as more people struggle to keep up with their mortgage payments. The latest data shows a worrying trend, mortgage arrears, where payments are overdue by more than 90 days, have surged by 22% over the past year. This signals that rising interest rates and economic uncertainty are starting to […]

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Trump to Impose New Tariffs on Aluminum and Steel Imports

Vikas Palan — Mon, 10 Feb 2025 17:18:59 +0000

President Trump announced Sunday that he will implement 25% tariffs on all steel and aluminum imports starting Monday. The president plans to sign an executive order that day to officially enforce these new duties. Additional Tariffs Expected Speaking aboard Air Force One while en route to New Orleans for the Super Bowl, Mr. Trump revealed […]

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Canadian alternatives to American products – Here is a list of brands

Vikas Palan — Mon, 03 Feb 2025 20:20:12 +0000

Canada’s Response to U.S. Tariffs: Provincial and Federal Measures Explained U.S. President Donald Trump has initiated a trade war by imposing significant tariffs on Canadian goods, triggering a series of countermeasures from the Canadian government, its provinces, and territories. These tariffs, set at 25% on most goods and 10% on Canadian energy exports, aim to […]

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Trump to Impose 25% Tariffs on Canada and Mexico Starting February 1

Vikas Palan — Thu, 30 Jan 2025 21:57:01 +0000

President Donald Trump has confirmed that he will proceed with his plan to impose 25% tariffs on imports from Canada and Mexico, effective February 1. The decision is based on concerns regarding fentanyl trafficking and significant trade deficits between the countries. In a statement to reporters in the Oval Office on Thursday, Trump outlined several […]

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Bank of Canada Lowers Interest Rates Amid U.S. Tariff Uncertainty

Vikas Palan — Wed, 29 Jan 2025 20:58:43 +0000

The Bank of Canada has cut interest rates to 3% amid rising U.S. tariff concerns. Governor Tiff Macklem warns monetary policy alone cannot offset trade conflict impacts, emphasizing economic uncertainty and potential future rate adjustments.

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Bank of Canada Interest Rate Projections for January 2025: What You Need to Know

Vikas Palan — Wed, 29 Jan 2025 20:52:18 +0000

Stay informed about the Bank of Canada's interest rate projections for January 2025. Learn how inflation, global trends, and economic performance could impact borrowing costs, mortgages, and financial planning for Canadians.

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Canada’s Economic Crisis: A Practical Solution for Affordable Housing and Business Growth

Vikas Palan — Tue, 21 Jan 2025 22:48:55 +0000

The Bank of Canada (BoC) raised interest rates to control inflation and curb rising real estate prices, aiming to make housing more affordable for the next generation. While raising interest rates has successfully brought inflation to the BoC’s target, new policies are urgently needed to support economic growth. However, with the current strategy, the dream […]

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